Initia Has No Restart Date After Attacker Mints Tokens and Bridges Out $2.7 Million

Initia has no restart date after an attacker exploited a suspected MoveVM flaw to mint tokens and bridge out $2.7 million. D2 Finance traced the payouts to LayerZero adapters on Ethereum. Co-founder Zon's preliminary read points to the MoveVM issue as the root cause, leaving the network offline indefinitely.